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RESOLUTION OF THE CABINET OF MINISTERS OF UKRAINE

of August 25, 2004 No. 1078

About approval of the Procedure for realization of material values of the state reserve

(as amended on 06-11-2019)

The Cabinet of Ministers of Ukraine decides:

1. Approve the Procedure for realization of material values of the state reserve which is applied.

2. To the Ministry of economic development and trade and the State agency of reserve to bring own decisions into accord with this resolution in a month.

Prime Minister of Ukraine

V. Yanukovych

Approved by the Resolution of the Cabinet of Ministers of Ukraine of August 25, 2004 , No. 1078

Procedure for realization of material values of the state reserve

1. This Procedure determines the procedure of realization of material values of the state reserve, including mobilization, based on the acts of the Cabinet of Ministers of Ukraine adopted according to the Law of Ukraine "About the state material reserve" (further - material values).

2. The realization the State reserve of material values is enabled in the way:

holding the auction;

sales to the receiver determined by the Cabinet of Ministers of Ukraine for implementation of stabilization actions in the domestic market, provisions of the state support to economy industries, the companies, organizations and organizations (except material values which are released from the state reserve according to the procedure of temporary loan). Conditions of such sale are determined by the Cabinet of Ministers of Ukraine.

3. For holding the auction on realization of material values the State reserve forms auction committee (further - committee).

The committee is headed by the Chairman Gosrezerva or his deputy.

Representatives of the State reserve, Ministry of Economics and Ministry of Finance are part of committee.

The number of members of the committee shall not make less than seven people.

The regulations on committee affirm the order of Ministry of Economics.

4. The organizational measures for holding the auction for realization of material values (further - auction) including connected with research of price situation in domestic market, carrying out marketing, the publication of announcements, check of high-quality and quantitative condition and assessment of material values are performed by the State reserve.

The paragraph two of item 4 is excluded according to the Resolution of the Cabinet of Ministers of Ukraine of 22.05.2013 No. 418

5. Material values according to names and quantity unite committee in lots.

The paragraph two of Item 5 is excluded according to the Resolution of the Cabinet of Ministers of Ukraine of 22.05.2013 No. 418

6. Starting price of lot of material values is determined by the State reserve as their market value based on the report or the act of property assessment according to the Law of Ukraine "About assessment of property, property rights and professional estimative activity in Ukraine" and the National standard No. 1 "General bases of assessment of property and property rights" approved by the resolution of the Cabinet of Ministers of Ukraine of September 10, 2003 No. 1440

After receipt of the report or the act of assessment of market value of property the State reserve directs the copy of such report or the act of Ministry of Economics. If the Ministry of Economics within five working days from the date of their receipt did not state notes to results of assessment of market value of material values, the State reserve in accordance with the established procedure places announcements of holding the auction.

7. The announcement of holding the auction is placed in the Uryadovy Kuryer newspaper and on the official website of the State reserve at least in 20 calendar days prior to date of its carrying out. The message on sale of material values the State reserve within three working days of date of publication of the announcement sends them to responsible keepers with the invitation to participate in auction.

In the announcement of holding the auction the name of material values, date of auction, details of official web website of the State reserve and contact telephone numbers of persons responsible for holding the auction is specified.

On the official website of the State reserve are specified:

the name of material values, unit of measure, quantity in lot, their storage location and number of lot;

starting price of lot;

the size of the guarantee fee, accounts of the State reserve on which the guarantee fee, and the term of its payment is paid;

place, date and time of holding the auction and time of registration of authorized representatives of subjects of managing;

form and method of application for participation in auction (further - the request) and the list of documents which are attached to it;

place and submission due date of the request;

request effective period;

contact telephone numbers of persons responsible for holding the auction.

8. Information on change of the place, date, time or conditions of holding the auction is posted on the official website of the State reserve not later, than in five working days prior to date of its carrying out.

9. No. 418 is excluded according to the Resolution of the Cabinet of Ministers of Ukraine of 22.05.2013

10. The subject of managing has the right:

submit only one application for specific lot;

withdraw the request or make changes to it before the termination of term of its giving without loss of the guarantee fee.

11. The commitment form, and also the list of documents which are attached to it Ministries of Economics affirm and will be promulgated on the official website of the State reserve.

In the request number of lot, the name, the storage location, quantity, unit of measure of material values is specified and the consent of the participant to take part in the biddings at the initial price of lot specified in the announcement proves to be true.

Are applied to the request:

the document which confirms payment of the guarantee fee;

The paragraph the fifth Item 11 is excluded according to the Resolution of the Cabinet of Ministers of Ukraine of 22.05.2013 No. 418

the document on registration confirmation of the foreign legal entity in the country of its location, legalizirovanny in accordance with the established procedure (for nonresidents).

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